US International Trade Commission Launches Investigation into Sections 232, 301 Tariffs | Perspectives & Events - Mayer Brown
The final result of the investigation will be a report that will include “background information on the Section 232 and 301 tariffs and an overview of the tariffs that were in effect as of March 15, 2022; and an economic analysis of the impact of these tariffs on US trade, production, and prices in the industries most affected by these tariffs.”2 This report will not have a direct legal effect on the future of the Section 232 and 301 tariffs.
In order to assist in preparation of the report, the USITC seeks public input through both a public hearing and written submissions. The timeline for public submissions is as follows:
Much like the 301 review process discussed elsewhere in this newsletter, this public hearing and written submission opportunity gives the public a chance to potentially influence the future of the above-mentioned Sections 232 and 301 duties.
1 United States International Trade Commission, USITC to Investigate Effects of Active Section 232 and 301 Tariffs on US Industries (May 5, 2022), https://www.usitc.gov/press_room/news_release/2022/er0505ll1927.htm.
2 Id.
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